Agree CF, a few bulls could well have been trapped by that monster down move there, and a break of the tip of the inverted triangle on the SPX500 chart above (IG chart so figures are a bit moot), pattern wise would hint that the 1000 level is attainable to the downside.
Hey PJ... big thanks for your constant links by the way.
;)
tuesday, page-80
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Last
8,295.1 |
Change
68.800(0.84%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,226.3 | 8,319.4 | 8,226.3 |
| XJO (ASX) Chart |